In the Americas, hotel occupancy decreased in February 2009 according to the STR and STR Global report on ADR (Average Daily Rate) and RevPAR (Revenue Per Available Room).Occupancy in the region fell 10 percent to end at 53.7 percent. The average daily rate dropped to 9.1% to $102.07; and revenue per available room came in at 18.2 percent to $54.80.
Among the main markets is that in Montreal, Canada, an occupancy of -2.7% was presented for a monthly percentage of 54.1, in Ottawwa, Canada, it was also -2.7%, for a total of 71.8 percent per month, reporting as the smallest of the decreases in occupancy in a measurement year for February 2009.
In Santiago, Chile, there was a drop in occupancy of 22.6% to 56.2 percent, remaining as the largest decrease among the markets. Santiago had the only increase in ADR, which was 3.3 percent to $131.74.
Both Washington, D.C., United States, and Nassau, Bahamas, reported a decrease in ADR of less than 2 percent, remaining at 1.9% for US$147.98 and 1.7% for US$322.09, respectively. Washington, D.C., reported the only single-digit decline in RevPar (-5.8 percent to $85.28).
Sao Paulo, Brazil, showed the largest reduction in ADR, which fell 26.7 percent to $72.87, RevPAR decreased 38.7 percent to $35.02 and in Toronto, Canada, it also fell more than 30 percent in RevPAR, ending the month below 30.9 percent to $60.05.
